Age is no bar when it comes to innovation. Three Class X students from Jaipur have just landed Rs 3 crore in funding for their startup, named Infusion Beverages.
Mrigank Gujjar, Chetanya Golechha and Utsav Jain, students of the Neerja Modi School, have spent almost a year working on their startup, which involves the manufacture of preservative-free, flavoured water.
Economic Times quoted Mrigank Gujjar as saying that the trio researched online in order to create their product.
In fact, the three presented their idea at an entrepreneurship fest at their school in April last year, but they failed to impress the judges and were eliminated in the first round.
By January 2017, however, they had sold 8,000 bottles of water – flavoured with kewer, rose and bel.
Later that month, the students landed an investor from Indore. The Malviya National Institute of Technology (MNIT) offered to incubate their idea and helped them apply for a patent, ET reported.
Golechha told the daily: